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A Mighty Legal Situation
Manage episode 353382617 series 3311917
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Listen as Sally Hendrick interviews Josh Schwadron on what to watch for when hiring an attorney in a personal injury situation. Get show notes and transcript at https://shoutyourcause.com, and find Josh's organization at https://mighty.com.
I. Introduction
a. Introduction to the Shout Your Cause digital magazine and its focus on social justice and cultural differences.
b. Introduction of Josh Schwadron, attorney and founder of mighty.com.
II. The Problem
a. Millions of accidents occur in the US every year.
b. People either sign with the first lawyer they see or take a small offer from the person who hit them's insurance.
c. The wrong approach to getting compensation after an accident.
d. Importance of making thoughtful decisions and finding the right representation.
III. The Misalignment of Incentives
a. Lawyers get paid a percentage of the settlement.
b. The client only gets part of the settlement after expenses are taken out.
c. Lawyers are incentivized for higher bills while clients are incentivized for lower bills.
d. Importance of fair billing practices and disclosure of conflicts of interest.
IV. Conclusion
a. Summary of the importance of finding the right representation after an accident.
b. The need for lawyers to talk about these issues and be transparent with their clients.
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